Catalog
1 Escudo
| Issuer | Banco Central de Chile |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Casa de Moneda de Chile |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE CHILE UN ESCUDO 1 ESCUDO ARTURO PRAT PRESIDENTE GERENTE GENERAL CASA DE MONEDA DE CHILE |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE CHILE UN ESCUDO 1 FUNDACIÓN DE SANTIAGO |
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| Comments |
The escudo replaced the Chilean peso in 1960 at a rate of 1,000 to one — itself a signal of how badly inflation had eroded the old currency. The Banco Central had been fighting that inflation for years with limited success, and the redenomination was as much a psychological reset as a technical one. It didn't hold: by 1975 the escudo was replaced in turn by a new peso, again at 1,000 to one.
Printed domestically by the Casa de Moneda in Santiago throughout the escudo period, the P#135A is among the lower-denomination notes of the series and circulated heavily.